The goal is to encourage development of new energy vehicles, subsidies of as much as half of the original price are available, but in the long term, such subsidies may lead to blind expansion by auto makers. Subsidies will gradually be reduced and a new energy credit policy introduced.

DRAGON-STAR is funded by FP7, aiming to support the Chinese participation in Horizon 2020, the reciprocity originating from the signed EU-China Scientific Cooperation Agreement, the bilateral cooperation in scientific, technological and industrial research and innovation fields, and the ongoing EU - China Innovation Cooperation Dialogue.

DRAGON-STARPLUS follows its predecessor (DRAGON-STAR), in its important mandate to provide support services to European and Chinese researchers and policy makers, and to offer a flexible platform to facilitate policy discussions between European and Chinese stakeholders. The project has received funding under European Commission’s Horizon 2020 Research and Innovation Programme, under Grant Agreement No645775